Banking Stories

UK Stories

Banking stories

Kyndryl completes CLS data centre migration for FX trade

The first settlement cycle in the new environment processed nearly 2 million FX trades worth more than USD $9 trillion, testing its resilience.

By Sofiah Nichole Salivio • 3 min read • Today

Digital Transformation

Wipro revenue rises as bookings weaken & cash flow jumps

Weaker bookings weighed on Wipro's outlook even as the IT outsourcer lifted margins and generated ₹53.0 billion in operating cash flow.

By Sofiah Nichole Salivio • 4 min read • Today

Customer Experience

Smarsh names Alessandro Silva Chief Growth Officer

The new post is meant to unify Smarsh's sales and customer teams as the software group pushes further into regulated markets overseas.

By Sofiah Nichole Salivio • 3 min read • Today

Artificial Intelligence

CodeWall raises USD $4 million to test cyber defences

The London start-up will use the funding to expand autonomous attack testing as firms face more frequent, AI-driven cyber threats.

By Karen Joy Bacudo • 3 min read • Yesterday

Global Stories

Banking stories

Risk & Compliance

SEON & Yuno team up to boost global fraud controls

Merchants expanding into new markets can now add fraud checks through Yuno's existing payments infrastructure, avoiding a separate integration.

By Karen Joy Bacudo • 3 min read • Today

Fintech

Chargebacks911 names Brad Wiskirchen to drive acquisitions

The hire signals a push into acquisitions and new financial services products as the payments group broadens beyond dispute management.

By Sofiah Nichole Salivio • 4 min read • Today

Customer Experience

Rethinking what happens at card expiry

Banks are testing secure ways to collect expired payment cards and turn the recovered plastic into new products, benches and pellets.

By Karen Coe • 5 min read • Today

Artificial Intelligence

Shield appoints former HSBC executive Michelle Clark

Her appointment signals Shield's push to sharpen its compliance software as banks grapple with tighter communications monitoring and AI oversight.

By Sofiah Nichole Salivio • 4 min read • Yesterday

Biometrics

Deepfake scams drive USD $40 billion fraud warning

Banks and insurers face rising losses as deepfake fraud is now estimated at USD $40 billion a year, with voice cloning fuelling most cases.

By Karen Joy Bacudo • 5 min read • 2 days ago

Fintech

Banks overrate fraud readiness as data gaps persist

Operational gaps are undermining banks' fraud defences, with only 41% fully connecting key data despite strong plans to increase AI spending.

By Karen Joy Bacudo • 3 min read • 2 days ago

Manufacturing

HCLTech signs Anthropic partnership for enterprise AI

The deal should help large firms deploy safer AI systems, with HCLTech adding Claude to services and software for banks, hospitals and manufacturers.

By Mara Sugue • 4 min read • 2 days ago

Stories from Other Regions

Banking stories

Fintech

Westpac NZ automates loan income checks with Akahu

Applicants for Westpac NZ personal loans can now get faster approvals, as the bank's online system automatically sorts income and expense data.

By Karen Joy Bacudo • 4 min read • Today

Fintech

City First Bank picks MANTL to speed digital account opening

Customers will be able to open accounts in minutes as the Washington-based lender expands beyond branches while keeping its community banking model intact.

By Karen Joy Bacudo • 3 min read • Today

Risk & Compliance

Eltropy launches verified texting for banks & credit unions

Verified profiles and richer message formats could help banks and credit unions curb impersonation scams as RCS reaches more US phones.

By Karen Joy Bacudo • 3 min read • Today

Fintech

LoanPro partners with KOHO on new Canadian products

The deal lets KOHO speed up new launches for its 2.5 million Canadian members while keeping app control and outsourcing back-end lending work.

By Karen Joy Bacudo • 4 min read • Today

Digital Transformation

MyState picks TCS platform for Auswide merger integration

The merger will leave MyState with one core banking system, reducing complexity and supporting digital services across the combined lender.

By Sean Mitchell • 4 min read • Yesterday

Software-as-a-Service

Oracle NetSuite launches free QuickStart for startups

Eligible US startups can now use NetSuite's accounting tools free, as Oracle pushes founders to adopt finance software before spreadsheets start to fail.

By Joseph Gabriel Lagonsin • 3 min read • Yesterday